Crosspoint secures residential sales mandate in Bucharest

12
Nov
2020
News - Crosspoint secures residential sales mandate in Bucharest #Bucharest #Crosspoint #Nusco Imobiliara #residential #Romania #sales

by Property Forum | Residential

Nusco Imobiliara, one of the largest real estate developers in Romania, named Crosspoint Real Estate as a sales agent for its newest residential project, Nusco City, located in the capital’s Pipera area.


Nusco City will include in the first phase 4 buildings with 7 floors, with a total of 310 apartments and will be delivered at the beginning of 2022. The second phase, similar to the first phase, will include another 310 apartments, with a delivery date in the first quarter of 2023. The investment in Nusco City, developed on a 2.5 ha area, is estimated at a value around €70 million.

“We are happy to work again alongside Nusco Imobiliara, a developer for which we have successfully sold the Premio boutique apartments project. In contrast, Nusco City is a large compound, designed for an urban community, which operates in the city, but also wants the distinctive peace of being home. We truly believe that this project will be a great success”, says Bogdan Iliescu, Associate Director, Residential at Crosspoint Real Estate.

Nusco City, located in the north of Bucharest, in the Pipera-Aviației area, includes double studio apartments, 2, 3 and 4 rooms apartments, made in efficient compartments and with premium finishes. The glazed surfaces are wide, the terraces are generous, and the green spaces will be large and designed with tall plants and trees, wide streets and inner alleys inside the compound, playgrounds for children and parking places for bicycles.

Nusco City is located right near Pipera and Aurel Vlaicu subway stations, at a short walking distance from Promenada Mall and the largest office buildings in the area. "We all know how time has become our most important resource of all, that's why Nusco City is one of the first residential projects to meet people with an active business life - close to home, Michele Nusco, CEO of Nusco Imobiliara adds. According to him, this ensemble also determines a massive process of urban development, with new infrastructure projects in the area, new services dedicated to families and excellent access to all the city's facilities. “Nusco Imobiliara, with Nusco City, will be involved in the development of the entire neighbourhood infrastructure and is committed to creating one of the most accessible residential compounds in the capital, so the entire community will benefit from everything it needs, including schools, kindergartens, commercial spaces and leisure activities. In fact, we will take the first step right from the inside, where we will design over 5,000 sqm of green spaces - right in the middle of the ensemble.", Nusco explained.

Nusco Imobiliara has also built 50,000 sqm of Class A and B offices in Bucharest, on the residential market it is present with the Città project, in the Pantelimon area, which includes 465 apartments, parking spaces, green areas, a park and common services. Nusco Imobiliara also developed Premio, an exclusive residential project in the city centre of Bucharest.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


Latest news

News - What does the global real estate industry really think about Ukraine?
06
Jul
2026

What does the global real estate industry really think about Ukraine?

by Property Forum
The scale of Ukraine's reconstruction needs is staggering. Entire cities have been damaged, infrastructure has been destroyed, and the housing deficit alone runs into the hundreds of billions. At the same time, international real estate capital has largely stayed on the sidelines, watching from a distance. Property Forum is launching a survey to map where the global industry really stands on doing business in Ukraine, and what conditions would bring serious players to the table.
Read more >
News - Bucharest housing bounces back
06
Jul
2026

Bucharest housing bounces back

by Property Forum
Bucharest's residential market is showing signs of recovery as the first half of 2026 drew to a close. After a start to the year marked by adjustment, with apartment transactions falling 16.6% in the first three months compared to the same period in 2025, the second quarter brought a rebound in demand, confirmed by ANCPI data.
Read more >
News - Financing has become more selective and rational
06
Jul
2026

Financing has become more selective and rational

by Property Forum
Didier Balcaen, CEO of SPEEDWELL Development, talked to Property Forum about the company’s €2 billion Romanian portfolio and the transition toward "quiet luxury" in residential. He highlighted that selective financing now rewards future-proof projects with measurable energy performance.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy